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of incentives and when incentives can have hidden costs, i.e., a detrimental effect. We show experimentally that in all …'s behavior. Our finding contributes to the micro-foundation of psychological effects of incentives. …
Persistent link: https://www.econbiz.de/10010283958
that choosing a manager who has a preference to spend resources for social causes can increase employee motivation. In turn …, ex-post losses in shareholder value may be offset by ex-ante gains in performance through higher employee motivation. …
Persistent link: https://www.econbiz.de/10011931754
novel laboratory experiment based on a revealed preference approach to analyze how individuals choose their identity. Facing …
Persistent link: https://www.econbiz.de/10011712736
Customary law has been criticized from very different angles. Rational choice theorists claim that what looks like custom is nothing but self-interest. Positivists doubt that anything beyond consent assumes the force of law. In this paper, we adopt an experimental approach to test these claims....
Persistent link: https://www.econbiz.de/10010286718
Policies and explicit private incentives designed for self-regarding individuals sometimes are less effective or even … implementation to allocations that are supportable given the effect of incentives on preferences. …
Persistent link: https://www.econbiz.de/10010266032
While previous research has shown that social preferences develop in childhood, we study whether this development is accompanied by reduced use of deception when lies would harm others, and increased use of deception to benefit others. In a sample of children aged between 7 and 14, we find...
Persistent link: https://www.econbiz.de/10010329015
interact in such situations. In this paper we provide experimental evidence on this question. In a first experiment givers are … the realized state of the world. In a second experiment, risk affects the earnings of givers but not of beneficiaries. We …
Persistent link: https://www.econbiz.de/10011584886
We invited residents of a virtual world who vary in real-world age and occupation to play a trust game with stakes … suggestive text was added to the instructions, or both a photo and text were added. We find high levels of trust and reciprocity … photographic and textual cues influenced the level of trust but not that of trustworthiness. …
Persistent link: https://www.econbiz.de/10010287726
effort lab experiments with 550 subjects in 11 treatments and one baseline. Our results indicate that monetary incentives to …
Persistent link: https://www.econbiz.de/10011406149
them but also a benefit for a mission they support. While their motivation may stem from working for their preferred (i … mission. It seems that the full potential of `motivation by mission' is realized only when principals share as well as support …
Persistent link: https://www.econbiz.de/10011419478